The backbone of a strong Bioeconomy is
sustainable use, education, and innovation.
The bioeconomy presents alternatives to over-exploitation of natural resources, focusing on efficient and innovative use of renewable biological resources with fewer inputs, less environmental impact, and reduced greenhouse gas emissions.
Innovative alternatives in food, feed, bio-based products, and bioenergy will be developed from renewable biological resources across industries like agriculture, forestry, fisheries and aquaculture, pulp, paper and more.
In the context of aquatic production, collaboration between researchers and industry has created important new value streams from what has previously been considered waste from caught fish, such as skin and bones. Innovative uses for this previously wasted material are continuously being found. From high-fashion textiles and cosmetics to medical products, food supplements, and fertilizers for agricultural use, the opportunities are seemingly endless. The development of these new value streams presents significant potential for greatly improved environmental effects, the establishment of new economic sectors, as well as job creation and broader societal benefits.
The following video from Matís Iceland gives a brief overview of the bioeconomy, with a focus on an aquatic context.